2001 Azalea AVE Portsmouth, VA $ 650,000
2001 Azalea AVE
$ 650,000
Recently Listed New Construction
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2001 Azalea AVE

Portsmouth, VA, 23704
$ 650,000
Bedrooms-- Baths0.0 Sq 5,000

Monthly Estimate*

$ 4,489

2001 Azalea AVE, Portsmouth, VA 23704 - Image 1
2001 Azalea AVE, Portsmouth, VA 23704 - Image 2
2001 Azalea AVE, Portsmouth, VA 23704 - Image 3
2001 Azalea AVE, Portsmouth, VA 23704 - Image 4
2001 Azalea AVE, Portsmouth, VA 23704 - Image 5

Multi-Family Home for sale in Portsmouth, VA

for $650,000. This 5,000 square foot home was built in 2026.

RARE NEW-CONSTRUCTION INVESTMENT OPPORTUNITY! Two spacious, attached, three-story townhomes on Azalea Avenue offered together as ONE purchase—not available individually. Ideal for investors seeking two rental properties in one acquisition or an owner-occupant who wants to live in one home and rent the other to help offset ownership expenses. Each residence offers approximately 2,500 square feet of thoughtfully designed living space, for approximately 5,000 square feet combined. Highlights include 9-foot ceilings, two primary suites per residence, granite countertops, upgraded lighting, ceiling fans, a private garage, and driveway parking. A second-story deck adds desirable outdoor living space—perfect for unwinding, entertaining, or enjoying fresh air without leaving home. The three-level floor plans offer flexibility for a range of living arrangements, with ample space for residents, guests, or work-from-home needs. Separate homes side by side provide the convenience of nearby ownership while preserving the independence of each residence. Looking for an owner-occupied investment opportunity? Make one townhome your personal residence and explore renting the neighboring home for supplemental income. Prefer a fully investment-focused purchase? Rent both townhomes and build a two-property portfolio with new construction. Either approach offers options for long-term ownership and potential income generation. A compelling opportunity for buyers who value spacious floor plans, modern finishes, garage parking, driveway parking, outdoor living space, and the versatility of two residences sold together. Purchase both, choose your strategy, and make the most of this distinctive new-construction offering!

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Multi-Family Active

Price

$ 650,000

Property Type

Multi-Family

Taxes

$ 781

Style

Side by Side

Year Built

2026

Town/City

Portsmouth

County/Region

Portsmouth City

MLS | Web ID

10659101

Features
Exterior
Lot Depth 100
Waterfront 0
Lot Front 75
Siding Vinyl
Foundation Slab
Lot Dimensions 100 X 75
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General
Water Type City/County
Ownership Type Simple
Waterfront Description Not Waterfront
Roof Asphalt Shingle
Zoning UR
Style Side by Side
Property Type Multi Family Residential
Area 21 - Central Portsmouth
Subdivision Name PRENTIS PARK
Sub Type Duplex
New Construction Y/N 1
Elementary School Cradock Elementary
High School IC Norcom
Middle School Other Middle School
Non Non Contingent
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* Excluded Features
List By
Valencia Kelly

Listing Agent

Keffer Realty

Broker

Affordability Calculator

$4,554
Per Month
99%
1%
0%
Monthly Principal & Interest
$4,489
Monthly Property Taxes
$65
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3520186 Elementary School
5075813 Middle School
IC Norcom High School High School

Map


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2001 Azalea AVE, Portsmouth, VA, 23704 is a Multi-Family Home for sale at $650,000 with 5,000 sqft. 2001 Azalea AVE has 0.0 baths and was built in 2026. The property's zip code is 23704 which is in Portsmouth, VA